About Trade Finance

We offer trade finance products including: Bid bond, performance bonds Advance payments guarantees.

Bid Bonds

The function of the bid bond is to provide a guarantee to the project owner that the bidder will complete the work if selected

Performance Bonds

A performance bond is issued to one party of a contract as a guarantee against the failure of the other party to meet obligations specified in the contract

Advance Payment Guarantee

This is an undertaking by a bank to the procuring entity guaranteeing that the contractor can be paid an advance payment to perform the contractual obligation

Baraka Credit is a non-deposit taking financial institution founded with the main goal of providing quick flexible financial solutions, that can be tailor-made to satisfy our client’s needs in the shortest time possible.

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